Locks Foundation
Preselected recipients only
Locks Foundation is a private foundation in Fisher Island, Florida. In tax year 2024 it gave $800,000 in 9 grants; the typical grant was $25,000 and the largest $550,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$800,000
- Number of grants9
- Typical grant$25,000
- Largest grant$550,000
- Assets$7.2 million
- New grantees50%
Giving in 2024 was up from $400,000 the year before.
50% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2022 | $302,500 | 5 | $7.6 million |
| 2023 | $400,000 | 5 | $7.4 million |
| 2024 | $800,000 | 9 | $7.2 million |
How to apply
Locks Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What Locks Foundation funds
Where it gives
Its grants went to recipients in 5 states, the most to New Jersey.
| State | Grants | Amount |
|---|---|---|
| New Jersey | 2 | $560,000 |
| Pennsylvania | 3 | $175,000 |
| New York | 2 | $45,000 |
| Florida | 1 | $10,000 |
| Maryland | 1 | $10,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| The Trustees of Princeton University - Princeton Art Museum | Contribution of artwork | $550,000 |
| Moore College of Art and Design | General support | $100,000 |
| Philadelphia Museum of Art | General support | $50,000 |
| Via Art Fund Inc | General support | $30,000 |
| The Barnes Foundation | General support | $25,000 |
| Metropolitan Museum of Art | General support | $15,000 |
| The Trustees of Princeton University - Princeton Art Museum | General support | $10,000 |
| National Gallery of Art | General support | $10,000 |
| Jorge M Perez Art Museum of Miami-Dade County Inc | General support | $10,000 |
Officers and trustees
- Gene Locks
- Sueyun Locks
Questions people ask
Does Locks Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Locks Foundation give?
$800,000 in tax year 2024, across 9 grants, with a typical grant of $25,000.
Who runs Locks Foundation?
Its 2024 filing lists Gene Locks (President) and Sueyun Locks (Sect./Treas).
What does Locks Foundation fund?
Based on its grants, mainly arts and culture and education.